LAB21: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
LAB21
Largest movements
- Tangible fixed assets -€9,757
down €9,757 (-4.7%), from €209,047 to €199,290
of which Land and buildings: -€9,206
- Receivables within one year -€4,579
down €4,579 (-5.0%), from €92,298 to €87,719
of which Trade receivables: -€6,309
- Profit (loss) carried forward -€26,838
down €26,838 (-20.6%), from €130,594 to €103,756
- Other debts +€12,976
up €12,976 (+66.9%), from €19,411 to €32,387
- Gross operating margin -€14,903
down €14,903 (-6660.4%), from -€224 to -€15,126
- Financial charges -€2,509
down €2,509 (-72.0%), from €3,486 to €977
- Financial income +€431
up €431 (+1886.6%), from €23 to €454
- Depreciation -€243
down €243 (-2.4%), from €10,000 to €9,757
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €308,373 | €293,096 | -€15,276 | -5.0% |
| Fixed assets | 21/28 | €212,872 | €203,115 | -€9,757 | -4.6% |
| Tangible fixed assets | 22/27 | €209,047 | €199,290 | -€9,757 | -4.7% |
| Land and buildings | 22 | €207,763 | €198,557 | -€9,206 | -4.4% |
| Furniture and vehicles | 24 | €1,284 | €733 | -€551 | -42.9% |
| Financial fixed assets | 28 | €3,825 | €3,825 | = | 0.0% |
| Current assets | 29/58 | €95,501 | €89,981 | -€5,520 | -5.8% |
| Amounts receivable within one year | 40/41 | €92,298 | €87,719 | -€4,579 | -5.0% |
| Trade receivables | 40 | €15,100 | €8,791 | -€6,309 | -41.8% |
| Other amounts receivable | 41 | €77,198 | €78,928 | +€1,730 | +2.2% |
| Cash at bank and in hand | 54/58 | €3,202 | €2,262 | -€941 | -29.4% |
| Total equity and liabilities | 10/49 | €308,373 | €293,096 | -€15,276 | -5.0% |
| Equity | 10/15 | €199,894 | €173,056 | -€26,838 | -13.4% |
| Contributions | 10/11 | €63,000 | €63,000 | = | 0.0% |
| Capital | 10 | €63,000 | €63,000 | = | 0.0% |
| Issued capital | 100 | €63,000 | €63,000 | = | 0.0% |
| Reserves | 13 | €6,300 | €6,300 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,300 | €6,300 | = | 0.0% |
| Legal reserve | 130 | €6,300 | €6,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | €130,594 | €103,756 | -€26,838 | -20.6% |
| Amounts payable | 17/49 | €108,478 | €120,040 | +€11,562 | +10.7% |
| Amounts payable after more than one year | 17 | €80,000 | €80,000 | = | 0.0% |
| Financial debts | 170/4 | €80,000 | €80,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €28,413 | €39,475 | +€11,063 | +38.9% |
| Trade debts | 44 | €4,557 | €5,607 | +€1,050 | +23.0% |
| Suppliers | 440/4 | €4,557 | €5,607 | +€1,050 | +23.0% |
| Taxes, remuneration and social security | 45 | €4,445 | €1,481 | -€2,964 | -66.7% |
| Taxes | 450/3 | €4,445 | €1,481 | -€2,964 | -66.7% |
| Other amounts payable | 47/48 | €19,411 | €32,387 | +€12,976 | +66.9% |
| Accrued charges and deferred income | 492/3 | €66 | €565 | +€499 | +759.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,000 | €9,757 | -€243 | -2.4% |
| Other operating charges | 640/8 | €1,388 | €1,431 | +€43 | +3.1% |
| Gross operating margin | 9900 | -€224 | -€15,126 | -€14,903 | -6660.4% |
| Operating profit (loss) | 9901 | -€11,611 | -€26,314 | -€14,703 | -126.6% |
| Financial income | 75/76B | €23 | €454 | +€431 | +1886.6% |
| Recurring financial income | 75 | €23 | €454 | +€431 | +1886.6% |
| Financial charges | 65/66B | €3,486 | €977 | -€2,509 | -72.0% |
| Recurring financial charges | 65 | €3,486 | €977 | -€2,509 | -72.0% |
| Profit (loss) for the period before taxes | 9903 | -€15,075 | -€26,837 | -€11,762 | -78.0% |
| Income taxes | 67/77 | - | €1 | +€1 | |
| Profit (loss) for the period | 9904 | -€15,075 | -€26,838 | -€11,764 | -78.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,075 | -€26,838 | -€11,764 | -78.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.